Adani Group to invest Rs 75,000 crore in MP, Pranav Adani sees infinite possibilities for growth
New Delhi, March 1 - The Adani Group, at the Regional Industry Conclave 2024 which began in Ujjain on Friday, vowed to make colossal investments of up to Rs 75,000 crore in Madhya Pradesh, which, in turn, will generate over 15,000 direct and
Trade between Tripura, Bangladesh rise to 94.04% in 5 years: Minister
Agartala, March 1 - Trade between bordering Tripura and Bangladesh increased to a whooping over 94.04 per cent in five years, Tripura Finance Minister Pranajit Singha Roy said on Friday.
Physics Wallah’s ‘Alakh AI’ records 1.5 mn users in less than 2 months
New Delhi, March 1 (IANS) Edtech platform Physics Wallah on Friday said that its indigenously-built Artificial Intelligence (AI) education suite ‘Alakh AI’ has attracted more than 1.5 million users in less than two months.
4 Indian firms get notice from Google, IAMAI tells tech giant not to delist apps
New Delhi, March 1 - The Internet and Mobile Association of India (IAMAI) on Friday advised Google not to delist any apps belonging to Indian companies from Play Store, as at least four such homegrown firms have received notices from the tech giant.
Singapore real estate group CapitaLand purchases Pune IT SEZ project for Rs 7.73bn
Chennai, March 1 - CapitaLand India Trust (CLINT) part of the Singapore-based real estate group CapitaLand on Friday said that it has completed the acquisition of BlueRidge 3 Phase 1, a 1.4 million sq ft multi-tenanted IT SEZ project in Hinjawadi, Pune for
C-DOT, Qualcomm to support startups, developers working on innovative products
New Delhi, March 1 - The Center for Development of Telematics (C-DOT), a public-funded Government research institution focused on telecom technology, on Friday announced plans to collaborate with Qualcomm Technologies.
Centre fine-tunes plan for new Mumbai-Indore broad gauge rail line project
New Delhi, March 1 - The 66th meeting of the Centre’s Network Planning Group (NPG) has expedited the process for the new 309 km Broad Gauge (BG) railway line project to open a direct route from Mumbai to Indore, fostering improved connectivity and
Centre fast-tracks bypass projects to decongest Indore, Guwahati
New Delhi, March 1 - The Centre’s Network Planning Group (NPG) has fast-tracked three highway projects including a 141 km new bypass for Indore and a 64 km bypass to decongest Guwahati.
RBI streamlines Bharat Bill Payment System, customers get more protection
Mumbai, March 1 - The RBI has put in a revised regulatory framework - Bharat Bill Payment Systems Directions, 2024, which will be applicable to NPCI Bharat Bill Pay Limited (NBBL - a wholly owned subsidiary of National Payments Corporation of India); and
Commerce Ministry makes auction route must for dust tea in India
Guwahati, Feb 29 - The Union Ministry of Commerce and Industry has made it mandatory for dust grades of tea produced in India to be sold through public tea auctions.
upGrad names Venkatesh Tarakkad as 1st Chief Financial Officer
New Delhi, March 1 - Ronnie Screwvala-founded upGrad on Friday said that the edtech unicorn has appointed Venkatesh Tarakkad as the first Chief Financial Officer (CFO).
India’s emergence as global chip manufacturing hub no distant dream: Industry
New Delhi, March 1 - Top industry bodies on Friday hailed the government’s decision to clear three semiconductor fabrication (fab) manufacturing projects worth Rs 1.3 lakh crore, saying that the emergence of the country as a global semiconductor manufacturing destination “no longer seems
Sensex jumps more than 1,000 points on impressive GDP numbers
New Delhi, March 1 - BSE Sensex jumped more than 1,000 points on Friday reacting to India’s impressive GDP numbers.
Centre sanctions Rs 6,728 crore for Frontier Highway in Arunachal
New Delhi, Feb 29 - Union Minister for Road Transport and Highways Nitin Gadkari on Thursday said an allocation of Rs 6,728.33 crore has been approved for constructing eight stretches covering 305 km on NH-913 (Frontier Highway) in Arunachal Pradesh.
Pakistan struggling to arrange $1.8 billion for repayment of Chinese loan
Karachi, Feb 29 - Pakistan's foreign exchange market is tense on reports about the expected higher dollar outflows, local media reported.
Paytm, PPBL discontinue inter-company agreements before RBI deadline
New Delhi, March 1 - One 97 Communications Ltd, the parent company of Paytm, and Paytm Payments Bank Limited (PPBL) on Friday announced to discontinue various inter-company agreements, as the Reserve Bank of India (RBI) ban on the bank’s operations inches closer.
Group, company headed by brothers get Union Cabinet’s nod for semiconductor fab units
Chennai, Feb 29 - A common thread that runs in all three companies that got the Union Cabinet's nod on Thursday for setting up semiconductor units is that they are headed by brothers – N. Chandrasekaran and N. Srinivasan.
Govt launches new railway plan to cut cost of moving coal from mines by Rs 21,000 cr a year
New Delhi, Feb 29 - Union Minister of Coal Pralhad Joshi on Thursday launched a groundbreaking 'Coal Logistics Plan and Policy' aimed at a strategic shift towards a railway-based system to evacuate coal from the pitheads of mines, which will cut transport costs
Apple’s shift from EVs to AI draws diverse reactions among influencers
New Delhi, Feb 29 - A rise in discussions related to "Apple" among influencers on the "X" platform has been witnessed in the last week of February after reports emerged about Apple's decision to discontinue its electric vehicle (EV) project, a new report
Higher-than-expected GDP may lead to tight monetary policy from RBI for a longer period
New Delhi, Feb 29 - The higher-than-expected momentum in the economy may lead to a tight monetary policy from the RBI for a longer period, and any reversal in the current stance is unlikely over the next six months, said Suman Chowdhury, Chief